ANTWERP, NOVEMBER 29, 2023: XXImo, the corporate mobility payments platform, today announced that it is going all-in on Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), and will become one of the first EU Visa card issuers to process payments entirely through the AWS Cloud, in the first quarter of 2024. Processing payments through AWS Payment Cryptography and Visa Cloud Connect will enable XXImo to optimize operational expenses and scale its business to help make flexible mobility payments accessible to corporate employers and resellers across Europe.
Processing its payments entirely through AWS will help XXImo scale and optimize its platform requirements and will give it the infrastructure to rapidly expand its business throughout Europe. As a licensed Payment and Electronic Money Institution (EMI), XXImo offers mobility payment cards with compliant payment processing directly to corporations, and as white-label solutions to resellers in the fuel, parking, charging, fleet management and leasing space. XXlmo projects that the demand for these compliant services will drive significant growth over the next two years.
XXImo supports modern mobility policies and provides its customers with detailed analysis of their employees’ mobility footprint, enabling them to meet requirements for reporting carbon emissions from their businesses. With XXImo cards accepted over the entire mobility network, including air travel, hotels, all forms of public transport, car hire, bike and scooter sharing and fuel, customers can give their employees more options for how they travel while measuring and managing their environmental impact.
XXImo is responding to the growing demand driven by sustainability reporting and regulations by going all-in on AWS, closing its data centers and migrating all operations to AWS. This will help ensure continuity, security and scalability for its payment processing platform. Implementing a cloud-native strategy with AWS will also enable XXImo to expand the scope of its research and development with Amazon Bedrock and Amazon SageMaker, exploring how generative artificial intelligence (generative AI) can improve the experience of managing mobility for customers and their employees, while using machine learning to add new layers of analysis to its reporting.
“Going all-in on AWS and processing payments in the cloud will transform our business, providing a powerful new foundation for growth and innovation,” said XXImo’s Chief Technology Officer, Zaheer Sacranie. “This is an investment in the future of XXImo that we believe is already delivering strong returns.”
“XXImo’s commitment to innovation and enabling sustainability for its customers aligns perfectly with AWS’s own values,” said Tanuja Randery, managing director of AWS Europe, Middle East, and Africa. “This opens up exciting potential synergies between the two businesses going forward, and we’re looking forward to seeing where XXImo’s innovative use of the cloud will take it next.”
About XXImo’s Mobility Payments platform
XXImo is the all-in-one mobility payments platform for businesses where expense management, international travel and mobility come together. With XXImo, employers can set up and manage the complete mobility policy for their employees based on flexible business rules. In turn, employees are able to enjoy freedom of choice within the scope of these business rules, to travel the way they see fit on any given day. With a wide range of smart payment solutions, access to the VISA merchants network and a handy app, employees can plan, book and pay for their business travel needs with ease. From public transport and hotel stays, to shared mobility and e-charging – all costs and transactions are processed via one platform, while employers benefit from simplified invoicing and VAT specification per mobility service, (CO2) reporting for all business travel and commutes, and a single contract for all available shared mobility services. XXImo’s solutions are field-tested, secure, modular, and available to Resellers, enabling them to incorporate the complete platform or individual modules into their existing offering.
In short, XXImo enables businesses to offer innovative, flexible mobility options to employees, while staying in control of access to these services and associated costs. Learn more xximo.com/discover/platform
About XXImo
XXImo was founded in 2011 and is part of AutoBinck Group – a Dutch family business that has grown into a key player in the European mobility market, with versatile ventures aimed at the mobility of tomorrow and the day after. The company has a turnover of more than 1 billion Euros, is present in eight European countries and has more than 1,600 employees globally. Learn more at xximo.com
About Amazon Web Services
Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 102 Availability Zones within 32 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in Canada, Germany, Malaysia, New Zealand, and Thailand. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.
About Amazon
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.